Porte Savings Account

Porte Savings Account Review

Porte Savings Account is offered by Populus Financial Group, a financial services company founded in 1982 and based in Irving, TX. It is made possible by a bank partnership with Metabank,® National Association, Member FDIC. Porte savings account are available in 50 states (and Washington, DC).

Key Takeaways

• Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 3%, which is much higher than the average interest rate for a savings account.
• $0 monthly fee. This account does not charge any monthly account fees.
• No minimum initial deposit. There is no minimum balance required to open an account online.

Porte savings account Pros & Cons

Porte savings account FAQ

Are Porte Savings Account deposits federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC) through Metabank,® National Association, Member FDIC. The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Populus Financial Group offer a signup bonus?

Porte savings account doesn't offer a signup bonus.

What is the minimum initial deposit for Porte savings account?

What APY does Porte Savings Account offer?

Porte savings account offers a variable APY starting at 0.2% and ranging up to 3% (APY stands for annual percentage yield, rates may change).

What fees does Porte savings account charge?

Porte savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Porte savings account offer?

This savings account includes the following features:

• Fraud monitoring - Porte savings account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.
• Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Porte savings account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to Porte savings account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Porte savings account?

The customer support email for Porte savings account is CAprivacy@populusfinancial.com.

How do people rate the customer service and user experience of Porte savings account?

Overall, Porte savings account is strongly recommended based on community reviews that rate customer service and user experience.